Blogs

Preparation Is Key for First-Time Home Buyers

We know that buying your first home can be very intimidating and even a bit scary. If you hope to buy a home within the next year, there are things you should be doing right now to prepare yourself for the process. In order to make the best decision for your future, it's extremely important that you are equipped with all the knowledge needed to achieve your goals. Tackling each challenge one at a time may get you there faster than you think!

Watch out for These Home Inspection Red Flags

Between the searching, financing, and moving, buying a home is stressful. Once you've found the perfect home, no one can blame you for wanting the process to be completed as quickly as possible. However, there's one very important thing standing in your way: the home inspection. You might be tempted to gloss over the report, but it can contain extremely valuable information about the home's potential for future expensive repairs. Keep reading to learn about a few of the most important items to pay attention to in the home inspection report.

Poughkeepsie Plans to Fight Blight with Grant

Thanks to $800,000 in federal grants, the City of Poughkeepsie is currently planning a number of community improvements for next year. According to city administrator Marc Nelson, the money will be put toward sidewalk repair, maintenance of critical infrastructure, and the demolition of dilapidated buildings within the city. Removal of old and damaged structures will free up property for possible redevelopment, which is always welcome news in a time when competition for real estate is so high!

'Tis the Season for Fall Festivals

If you love fall, then you'd probably like to celebrate it before it's gone. Luckily, there are a huge number of fall festivals taking place throughout the season in the Hudson Valley! In fact, just this upcoming weekend alone, there are at least three options to choose from (and there are sure to be at least a couple more). Keep reading to learn where you can go this weekend to enjoy all the classic fall activities, including pumpkin-picking, hay rides, and everything in between!

Nurture Your Artistic Side in October

Looking to get some hands-on experience with artistic crafting, but don't know how to get started? Check out the community art days that happen on the third weekend of each month at Art Centro and PUF Studios in Poughkeepsie! You can learn about pottery and printmaking when the next series of community days happen on October 20 & 21.

Median Down Payment Percentage Reaches 15-Year High

The amount of money that buyers are paying up front on their mortgages is way up, but still might not be as high as you think. Although many people believe in the myth of the 20% down payment, the typical buyer actually puts down far less; in fact, even though the median down payment percentage reached a nearly 15-year high last quarter, it was still just 7.6% of the median sales price! Keep reading to learn more about the changing trends in home financing.